May 24- The United Auto Workers union has filed a complaint accusing Tesla Inc Chief Executive Elon Musk of illegally threatening to take away benefits from workers who join the union. The UAW, which is seeking to represent workers at Tesla's facility in Fremont, California, filed the complaint with the National Labor Relations Board late on Wednesday.

May 24- The United Auto Workers International Union has filed a complaint accusing Tesla Inc Chief Executive Elon Musk of illegally threatening to take away benefits from workers who join the union. The UAW, which is seeking to represent workers at Tesla's facility in Fremont, California, filed the complaint with the National Labor Relations Board late...

May 24- President Donald Trump's decision to cancel a planned summit with North Korea's leader is surprising and could raise more questions for U.S. businesses already uncertain about the direction of White House policy, a top U.S. central banker said on Thursday. "It's a downside risk," Atlanta Federal Reserve President Raphael Bostic said on CNBC of Trump's...

May 24- President Donald Trump's decision to cancel a planned summit with North Korea's leader is surprising and could heighten uncertainty that U.S. businesses have over U.S. government policy decisions, a top U.S. central bank official said on Thursday. "I think it's going to be a surprise to everybody. It was a surprise to me- I didn't know that this was even a...

LONDON, May 24- The U.S. Federal Reserve and Bank of England on Thursday urged global financial markets to step up efforts to shift from the scandal-plagued Libor reference rate to alternative interest rate benchmarks. New York Fed President William Dudley, speaking at a BoE event in London, said bankers and regulators have much work to do before 2021 when the...

BENGALURU, May 24- Gold prices edged higher for a second day on Thursday as the dollar extended losses after minutes of the latest Federal Reserve meeting hinted at a dovish approach to interest rate hikes in the United States. *Spot gold was up 0.1 percent at $1,294.58 per ounce at 0046 GMT, after gaining nearly 0.2 percent in the previous session.

WASHINGTON, May 23- The Federal Reserve will consider a proposal to modify the "Volcker Rule" banning proprietary trading by banks at a May 30 meeting of its board, the central bank announced on Wednesday. Congress passed Dodd-Frank in response to the 2007-2009 financial crisis, placing stronger restrictions on bank activities in a bid to eliminate the need for...

U.S. stocks turned higher Wednesday after the Federal Reserve indicated it's not in a hurry to raise interest rates too quickly. Retailers and technology companies led the way as the market erased some early losses. The Russell 2000 index of smaller-company stocks edged up 2.37 points, or 0.1 percent, to 1,627.61.

WASHINGTON— The Latest on the Senate vote on a bill to expand private care at the Department of Veterans Affairs:. The Senate has passed a sweeping bill aimed at fulfilling President Donald Trump's pledge to expand private care to veterans as an alternative to the troubled Veterans Affairs health system. Legislation awaiting final approval in the Senate would...

NEW YORK, May 23- Top officials from the U.S. Environmental Protection Agency and the departments of Energy and Agriculture plan to meet on Thursday to hammer out details of President Donald Trump's planned changes to the nation's biofuel laws, according to two sources familiar with the matter. Trump has told some lawmakers he wants to do so by expanding sales of...

WASHINGTON, May 23- Most Federal Reserve policymakers thought it likely another interest rate increase would be warranted "soon" if the U.S. economic outlook remains intact, minutes of the central bank's last policy meeting showed. Fed policymakers at the May 1-2 meeting decided, as expected, to keep the benchmark overnight lending rate unchanged in a target...

May 23- The S&P 500 erased losses to trade little changed on Wednesday after minutes from the last Federal Reserve meeting suggested higher inflation may not result in faster interest rate hikes. "The market is probably breathing a little bit of a sigh of relief knowing that inflation even a bit above two percent may not necessarily mean a faster rate of...

WASHINGTON— Federal Reserve officials earlier this month suggested that another rate hike was on the way soon, while also noting several risks facing the economy, ranging from rising wage pressures to potential harm from the Trump administration's trade policies. The minutes of the Fed's May 1-2 meeting released Wednesday showed that officials were...

SAN FRANCISCO, May 23- Two U.S. consumer advocacy groups urged the Federal Trade Commission on Wednesday to investigate what they called Tesla Inc's "deceptive and misleading" use of the name Autopilot for its assisted-driving technology. The Center for Auto Safety and Consumer Watchdog, both non-profit groups, sent a letter to the FTC saying that consumers...